Page 82 of Banking

Corporate loan engine firing well: South Indian Bank MD

The bank plans to foray into dealer financing and vender financing, retail loans to their employees and wants to explore…

January 25, 2023 05:10 IST

‘Demand for home loans has slowed down’

IDFC First Bank is witnessing a strong demand for credit cards. However, it has decided to issue cards largely to…

January 24, 2023 04:45 IST

Canara Bank’s Q3 net up 92% on improved loan growth

The bank’s provision coverage ratio stood at 86.32% as on December 31, higher than 82.26% a year ago.

January 24, 2023 04:35 IST

Pampering bondholders

It is not the banks’ or regulator’s job to protect investors who throw caution to the winds because of greed

January 24, 2023 04:30 IST

IDBI Bank, IDBI, IDBI Bank, banking news,

IDBI Bank’s net profit rises 60% Y-o-Y on strong loan growth

The ratio of current account savings account deposits comprise 54.44% overall deposits as on December 31. It was at 54.69%…

January 24, 2023 02:30 IST

Jammu and Kashmir Bank Q3 net profit rises 79 pc to Rs 311.59 crore

The bank’s operating profit grew 65 per cent Y-o-Y to Rs 544.11 crore during the quarter under review.

January 23, 2023 21:03 IST

ICICI Bank Q3 profit up 34%

The bank’s provisions increased 12% y-o-y to Rs 2,257 crore even as the asset quality improved both sequentially and on…

January 22, 2023 06:00 IST

AT-1 bonds: Yes Bank to move Supreme Court

Yes Bank on Saturday said it will move the Supreme Court against the order of the Bombay High Court setting…

January 22, 2023 05:30 IST

Yes Bank posts 81% drop in profit on jump in provisions

Net NPA ratio fell by 426 bps year-on-year and 257 bps quarter-on-quarter to 1.03% as of December 31.

January 22, 2023 02:15 IST

Yes Bank Q3 net falls 79% on provision hit; will appeal AT-1 ruling in SC

The gross slippages stood at Rs 1,610 crore for the quarter, including Rs 962 crore on the corporate side and…

January 21, 2023 17:18 IST

Finmin asks banks to raise credit flow to aspirational districts

Senior officials of the NITI Aayog and departments of Panchayati Raj and financial services attended the meeting.

January 21, 2023 02:00 IST

Finance ministry asks banks to meet social security scheme targets

The directive came at a meeting with chiefs of state-run banks and other institutions here, chaired by financial services secretary…

January 20, 2023 03:30 IST

Repeat of big bad loan cycle for banks unlikely

In recent times, banks have been able to significantly clean up their balance sheets and corporates are not as leveraged…

January 20, 2023 01:40 IST

High borrowing biggest challenge to WASH financing

Nabsamruddhi Finance is a subsidiary of the National Bank for Agriculture and Rural Development (NABARD).

January 20, 2023 01:30 IST

Banks to report all interest income paid to account holders

Section 285BA of the Income Tax Act, 1961 and Rule 114E requires specified reporting persons to furnish statement of financial…

January 20, 2023 01:10 IST

AU Small Finance Bank net profit rises 30%

The jump in the profit is on account of a 41% Y-o-Y decline in its provisions to Rs 33 crore.

January 20, 2023 00:50 IST

au small finance bank, q3 results, msme loans, small finance bank, small business loans, rbi, bank loans

AU Small Finance Bank sees highest-ever quarterly profit in Q3 at Rs 393 cr with 30% YoY growth

Credit and finance for MSMEs: AU’s gross advances grew by 7 per cent QoQ to Rs 56,335 crore in Q3…

January 19, 2023 20:11 IST

Bank of Maharashtra profit soars; to dilute 5% stake

The bank reported a 30% increase in net interest income to Rs 1,980 crore, which aided margin growth.

January 17, 2023 03:40 IST

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